Estee Lauder Companies (NYSE:EL) Price Target Raised to $85.00

Estee Lauder Companies (NYSE:EL) had its target price boosted by Canaccord Genuity Group from $62.00 to $85.00 in a research report sent to investors on Monday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts have also recently issued reports on EL. B. Riley restated a “neutral” rating and set a $60.00 price target (down from $70.00) on shares of Estee Lauder Companies in a report on Friday, May 2nd. Royal Bank Of Canada decreased their price target on shares of Estee Lauder Companies from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. JPMorgan Chase & Co. upgraded shares of Estee Lauder Companies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $62.00 to $101.00 in a report on Friday, July 25th. Hsbc Global Res upgraded shares of Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Finally, Wells Fargo & Company upped their price target on shares of Estee Lauder Companies from $60.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $86.95.

Estee Lauder Companies Trading Down 3.7%

Estee Lauder Companies stock opened at $86.5380 on Monday. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.41 and a quick ratio of 1.02. The company has a market capitalization of $31.13 billion, a price-to-earnings ratio of -35.76, a PEG ratio of 6.62 and a beta of 1.18. Estee Lauder Companies has a one year low of $48.37 and a one year high of $103.44. The company’s fifty day moving average price is $85.96 and its two-hundred day moving average price is $72.07.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. Estee Lauder Companies had a negative net margin of 5.89% and a positive return on equity of 15.60%. The firm had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same period in the prior year, the business posted $0.64 earnings per share. The business’s quarterly revenue was down 11.9% on a year-over-year basis. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. On average, analysts forecast that Estee Lauder Companies will post 1.36 earnings per share for the current fiscal year.

Institutional Trading of Estee Lauder Companies

Several hedge funds have recently modified their holdings of the company. Asset Dedication LLC increased its holdings in shares of Estee Lauder Companies by 258.7% in the second quarter. Asset Dedication LLC now owns 391 shares of the company’s stock valued at $32,000 after purchasing an additional 282 shares in the last quarter. TD Private Client Wealth LLC increased its holdings in shares of Estee Lauder Companies by 246.4% in the second quarter. TD Private Client Wealth LLC now owns 478 shares of the company’s stock valued at $39,000 after purchasing an additional 340 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Estee Lauder Companies by 1,182.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 500 shares of the company’s stock valued at $33,000 after purchasing an additional 461 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in shares of Estee Lauder Companies by 69.5% in the second quarter. Golden State Wealth Management LLC now owns 512 shares of the company’s stock valued at $41,000 after purchasing an additional 210 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Estee Lauder Companies in the second quarter valued at approximately $42,000. Institutional investors and hedge funds own 55.15% of the company’s stock.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.